Economist: 6.5 pct BI rate only serves short-term need

Saturday, January 9th, 2010

Bank Indonesia`s decision to maintain its key rate at 6.5 percent is merely aimed at serving short-term interests, Ryan Kiryanto of state-owned Bank Negara Indonesia (BNI), said on Wednesday. There would be three reasons for the inflation rate to go up, he noted. The first one would be the impact of a ...

President Targets Economy to Grow 7 Pct in 2014

Saturday, October 24th, 2009

President Susilo Bambang Yudhoyono has targeted the domestic economy to grow by seven percent at the end of his second five-year term in office. "In the next five years we certainly want to increase our economic growth. For example, we want to achieve an economic growth of 7 percent or more ...

Syariah Banking assets increased

Saturday, March 14th, 2009

Syariah Banking assets increased BANDUNG, - Despite the crisis occurs, Syariah banking assets is increasing year ago. The increase in assets is estimated to still take place in 2009. In the year 2008, Syariah banking assets reached Rp 51.8 trillion or an increase of 44 percent compared to 2007. Director of the ...